Justin Sun, Tron (TRX) Foundation’s CEO and co-founder, of recent updated the Tron community about the firm’s new projects, adding that the blockchain project is currently developing a custom token that will drive the BitTorrent network. He also revealed that the Tron Foundation would be offering users with an incentive to enable them participate in the new project.
BitTorrent Users will be some reward from Tron
The firm’s recent pronouncement reveals that users of BitTorrent that share files on the platform would get some reward based on the bandwidth of their contribution. Justin Sun commented: “Project Atlas will connect the Tron (TRX) blockchain network and the P2P network of BitTorrent through a series of BitTorrent protocol extensions.”
TRON (TRX) Price Today – TRX / USD
The CEO also added that existing boundaries will be handled by an in-client token and a custom token economy and it will also be creating a new economy for the exchange of value for resources on a universal scale. Users will be given the opportunity to keep seeding the file even after the completion of the download process.
Users will also be offered specially created tokens which will enable them run clients on faster networks. Hence, the seeding of the torrents will take a much longer time. In addition, the firm has also promised that downloads will take place at a much faster rate as the network will function more effectively.
Tron (TRX) will still give more Updates and Developments
While the firm recently gave an official release of the Tron (TRX) Virtual Machine, in the future we can expect lots of great updates as well as developments coming for the firm.
The firm gave a press release revealing that Odyssey 3.0 (Tron’s Mainnet) would be releasing the final code for the exchangers after which the upgrading of wallets and nodes can happen.